Perficient Digital Transformation

DECEMBER 22, 2023

To help shed light on this matter, Perficient’s Financial Services Risk and Regulatory Center of Excellence (CoE) researched the topic extensively and discovered that the Office of the Comptroller of the Currency (OCC) has classified AI as an emerging risk to the banking industry.

Banking 52

Banking Risk Management Risk Management Cybersecurity 52

V-Soft Consulting

JUNE 1, 2023

Robotic process automation (RPA) has emerged as a crucial tool in the finance and accounting sector, playing a strategic role in streamlining operations. Ultimately this leads to improved work productivity, enhanced efficiency, higher ROI, and reduces costs and efforts.

Finance 98

Finance Accounting Robotics Process Automation Streamline Operations 98

Infosys Consulting

OCTOBER 18, 2023

For example: Danske Bank – One of Denmark’s largest banks increased its ability to detect fraud by 50% after implementing an ML-driven fraud detection system. For example: AXA – AXA used ML to forecast high-loss scenarios, aiming to reduce costs and improve pricing. Clearly, from the examples above, 4.0

Healthcare 52

Healthcare Banking Finance Streamline Operations 52

SourceFit

APRIL 28, 2016

The global banking, financial services and insurance (BFSI) outsourcing market is expected to be worth more than $277 billion by 2020, according to a recent report released by Technavio. Demand was driven by economic uncertainty and regulatory pressures faced by banks and financial institutions. Staff Leasing Philippines.

Insurance 40

Insurance Banking Outsourcing Service 40

Everest Group

OCTOBER 17, 2023

Asset-based models are appealing because they help promote client loyalty, streamline operational costs, expedite market entry, and provide a competitive edge. An asset-centric business model revolves around a strong foundation of digital assets like products and platforms.

Streamline Operations 64

Streamline Operations Reduced Costs Insurance Banking 64

IBM Services

NOVEMBER 30, 2023

What started with one onboarded customer as operations began, is now a scaled-up, immensely successful offering with several new names added to eSec Forte’s customer roster in a short span of time—a roster that includes highly regulated FinTech players and banks.

Cybersecurity 74

Cybersecurity Regulations Sourcing Streamline Operations 74

Planergy Software

AUGUST 25, 2022

For example, many customer-service-driven businesses such as banks have implemented digital transformation to improve customer experience, while reducing or eliminating repetitive tasks in the workplace. For example, banks and call centers have been utilizing increasingly sophisticated digital technology in recent years.

Finance 52

Finance Robotics Process Automation Out-Tasking Banking 52